Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) Shares Shorted: Short Interest Down 92.4% in October

Cannabis Wheaton Income Corp. (OTCMKTS:CBWTF) saw a significant decline in short interest during the month of October. As of October 30th, there was short interest totaling 7,639 shares, a decline of 92.4% from the October 15th total of 100,948 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average trading volume of 38,804 shares, the short-interest ratio is presently 0.2 days.

Cannabis Wheaton Income Trading Up 2.0%

Shares of CBWTF stock traded up $0.05 during mid-day trading on Tuesday, hitting $2.53. 19,253 shares of the company’s stock were exchanged, compared to its average volume of 42,052. The stock has a market cap of $260.96 million, a price-to-earnings ratio of 13.30 and a beta of 1.46. The stock has a 50-day simple moving average of $2.44 and a two-hundred day simple moving average of $0.74. Cannabis Wheaton Income has a fifty-two week low of $1.06 and a fifty-two week high of $2.75. The company has a quick ratio of 1.35, a current ratio of 2.23 and a debt-to-equity ratio of 0.21.

Cannabis Wheaton Income (OTCMKTS:CBWTF) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.05 EPS for the quarter. Cannabis Wheaton Income had a net margin of 19.74% and a return on equity of 18.36%.

About Cannabis Wheaton Income

Cannabis Wheaton Income Corp. was a Canada-based cannabis company that provided capital, operational support and industry expertise to cannabis producers in exchange for rights to a portion of their future production. The company focused on developing a portfolio of cannabis cultivation and processing partnerships rather than operating solely as a traditional producer. Its business activities included financing cannabis projects, supporting cultivation and production infrastructure, and helping partner companies with commercialization and distribution.